When the Management Frame of Reference Gets Out of Touch

question 39

Multiple Choice

When the management frame of reference gets out of touch with the realities of the actual business situation,what can happen to the firm?

• A) Management perceptual acuity improves.
• B) Management gets across-the-board raises.
• C) The company business strategy no longer works.
• D) It becomes easier to maintain competitive advantage.

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Definitions:

Senior Executives

Top-level managers who are responsible for the overall direction and success of an organization, often including roles such as CEO, CFO, and COO.

Change Agent

An individual or group that facilitates, advocates for, or implements change within an organization.

Quantum Change

A significant, often sudden, transformation or shift in an organization, system, or personal behavior, marked by profound change.

Future Search Events

are participatory planning meetings that bring diverse stakeholders together to explore expectations for the future and create shared strategies for achieving them.